When a family member acting as power of attorney reached out, the Hamilton Mountain home had been sitting empty for months since the owner’s admission to long-term care. With the home standing as the family’s last significant source of income for care costs, every dollar mattered. At just 800 square feet and in need of considerable repair, the home was more foundation than finished product, so GreyLane and the POA agreed there was no shortcut: a full clean-out followed by a complete renovation. Over four months, the property was rebuilt from the studs out, and the transformation paid off — the home sold for two and a half to three times its original value, securing the funding needed to support the homeowner’s ongoing care.
“After speaking with our real estate agent, I had a real concern that the home’s value wouldn’t be enough to cover my sister’s long-term care. As her Power of Attorney, I knew I needed a way to maximize what the house could bring, especially with the market down and the house itself in near-teardown condition. GreyLane was introduced to us, and they came up with an innovative approach that lowered the upfront costs while maximizing the end sale price. They brought in an engineer to make sure everything was done right, handled the permits and inspections without me having to worry about a thing, and opened up the main floor so the small home finally felt spacious instead of closed-in. Their crew moved quickly — clearing out the property, replacing the aging mechanicals, adding a new bathroom, and landscaping the yard to transform the curb appeal along the way. In the end, we sold the house for two to three times what I’d first expected, and my sister’s financial future was secured. I couldn’t be more grateful to our real estate agent for the introduction, and to GreyLane for making it all possible.”
Neil